Singapore - Printing Presses - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Singapore - Printing Presses - Market Analysis, Forecast, Size, Trends and Insights

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Printing Press Price in Singapore - 2022

Contents:

  1. Printing Press Price in Singapore (FOB) - 2022
  2. Printing Press Price in Singapore (CIF) - 2022
  3. Printing Press Exports in Singapore
  4. Printing Press Imports in Singapore

Printing Press Price in Singapore (FOB) - 2022

The average printing press export price stood at $556 per unit in 2022, waning by -18.4% against the previous year. Overall, the export price saw a slight downturn. The most prominent rate of growth was recorded in 2019 an increase of 38% against the previous year. The export price peaked at $681 per unit in 2021, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,208 per unit), while the average price for exports to the Czech Republic ($79 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Price in Singapore (CIF) - 2022

The average printing press import price stood at $477 per unit in 2022, with a decrease of -8.8% against the previous year. Overall, the import price recorded a slight contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 114% against the previous year. The import price peaked at $1,501 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,404 per unit), while the price for Malaysia ($155 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced a decline.

Printing Press Exports in Singapore

Printing press exports from Singapore skyrocketed to 195K units in 2022, with an increase of 20% against 2021. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, printing press exports declined modestly to $108M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. As a result, the exports attained the peak of $110M, and then declined in the following year.

Export of Printing Press in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.713.924.956.886.9%
Malaysia15.714.914.915.90.4%
Thailand1.20.92.12.120.5%
Bangladesh0.61.33.21.741.5%
Czech Republic0.81.32.71.420.5%
Indonesia6.93.21.61.3-42.7%
Israel0.20.10.11.281.7%
MyanmarN/AN/AN/A0.50%
Cambodia29.50.10.10.2-81.1%
Others20.835.760.727.29.4%
Total84.571.31101088.5%

Top Export Markets for Printing Press from Singapore in 2022:

  1. China (86.3K units)
  2. Malaysia (44.4K units)
  3. Czech Republic (17.5K units)
  4. Israel (8.1K units)
  5. Indonesia (7.2K units)
  6. Thailand (7.1K units)
  7. Bangladesh (4.8K units)
  8. Myanmar (3.1K units)
  9. Cambodia (0.9K units)

Printing Press Imports in Singapore

For the third year in a row, Singapore recorded decline in purchases abroad of printing presses, which decreased by -12.7% to 32K units in 2022. Overall, imports faced a sharp shrinkage. Over the period under review, imports attained the maximum at 136K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, printing press imports declined rapidly to $15M in 2022. Over the period under review, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked at $79M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Printing Press in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel2.12.83.54.528.9%
China6.92.95.72.7-26.9%
France8.20.10.71.9-38.6%
Japan6.02.72.41.4-38.4%
Malaysia1.50.81.11.3-4.7%
Germany46.43.30.90.9-73.1%
United States1.41.11.10.8-17.0%
Spain1.2N/AN/A0.2-45.0%
Others5.01.53.81.7-30.2%
Total78.615.219.315.4-41.9%

Top Suppliers of Printing Press to Singapore in 2022:

  1. China (9.3K units)
  2. Malaysia (8.4K units)
  3. Israel (5.3K units)
  4. Japan (2.5K units)
  5. France (2.1K units)
  6. Spain (1.2K units)
  7. United States (0.6K units)
  8. Germany (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the printing press market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28232200 - Sheet fed office type offset printing machinery, for sheet size. .22 x .36 cm
  • Prodcom 28941530 - Printing machinery for printing textile materials (excluding offset, flexographic, letterpress and gravure printing machinery)
  • Prodcom 28991330 - Reel fed offset printing machinery
  • Prodcom 28991390 - Other offset printing machinery
  • Prodcom 28991410 - Reel fed letterpress printing machinery (excluding flexographic printing)
  • Prodcom 28991430 - Flexographic printing machinery
  • Prodcom 28991450 - Gravure printing machinery
  • Prodcom 28991490 - Other printing machinery, excluding those of the office type, n .e.c.

Country coverage:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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